Swiggy Q3 Results: Net loss widens to ₹800 crore, revenue up 31% YoY; Quick comm revenue surges 114% YoY
Results: The newly listed food aggregator’s revenue from operations in the third quarter of the current fiscal rose 31 per cent to ₹3,993 crore, compared to ₹3,049 crore in the year-ago period.
Swiggy, the leading food delivery and quick commerce platform, is expected to experience a sequential rise in revenue during ...
UBS maintained a 'Buy' rating on Swiggy stock with a target price of Rs 510, while Macquarie maintained an 'Underperform' ...
Swiggy Instamart’s contribution margin dropped to -4.6% during the quarter under review (Q3 FY25) from -1.9% in the preceding ...
Swiggy aims for EBITDA profitability by Q3 FY26, driven by food delivery growth and quick commerce breakeven. The quick ...
FY25, Zomato’s Blinkit was near break-even, but in Q3, its adjusted Ebitda margins slipped to -1%. Swiggy Instamart’s margins ...
Investors in quick commerce must be prepared for the long haul. However, even patient investors face a tough choice between Swiggy and Zomato.
Swiggy's widening losses during the December quarter may be owing to the 32 per cent on-year rise in its expenses during the ...
Swiggy shares declined as much as 7.4% to hit its all-time low of ₹387 on the BSE today as Q3 loss widens by 39% to ₹799 ...
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